Custody Operations Manager Class Actions and Proxy

At U.S. Bank were on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life and each person is unique in their potential. A career with U.S. Bank gives you a wide ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things learn new skills and discover what you excel atall from Day One.

Job Description

Lead a Growing Team. Drive Operational Excellence.

U.S. Bank is seeking a Custody Operations Manager to lead our Class Actions and Proxy team within Asset Servicing. This role oversees approximately 12 employees across Milwaukee WI and St. Paul MN and provides the opportunity to influence critical operational processes lead through transformation and develop high-performing teams.

This is an ideal opportunity for a proven leader with experience in securities operations asset servicing custody operations or related financial services environments who is passionate about driving results managing risk and leading teams through change.

What Youll Do

- Lead Class Actions Domestic and Global Proxy and income-related operations.

- Manage and develop a team across multiple locations.

- Partner with vendors business partners and stakeholders to deliver exceptional client service.

- Oversee escalations operational risk management and regulatory compliance.

- Drive process improvements workflow enhancements and strategic initiatives.

- Support testing system changes and ongoing business transformation efforts.

Basic Qualifications
- Bachelors degree in accounting or finance or equivalent work experience
- Five to seven years of experience in trust and securities operational functions
- Five to seven years of management experience

Preferred Skills/Experience

- Experience in Class Actions Proxy Asset Servicing Custody Operations or Securities Processing.

- Strong leadership and coaching skills with experience leading complex or multi-site teams.

- Experience managing managers preferred.

- Knowledge of domestic and global markets DTC and securities operations.

- Strong analytical organizational communication and problem-solving skills.

- Ability to lead teams through change and drive operational excellence.

Location Expectations

This role requires working from a U.S. Bank location three (3) or more days per week.

If theres anything we can do to accommodate a disability during any portion of the application or hiring process please refer to our disability accommodations for applicants .

Benefits:

Our approach to benefits and total rewards considers our team members whole selves and what may be needed to thrive in and outside work. Thats why our benefits are designed to help you and your family boost your health protect your financial security and give you peace of mind. Our benefits include the following:

• Healthcare (medical dental vision)

• Basic term and optional term life insurance

• Short-term and long-term disability

• Pregnancy disability and parental leave

• 401(k) and employer-funded retirement plan

• Paid vacation (from two to five weeks depending on salary grade and tenure)

• Up to 11 paid holiday opportunities

• Adoption assistance

• Sick and Safe Leave accruals of one hour for every 30 worked up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here .

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race religion color sex national origin age sexual orientation gender identity disability or veteran status and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

The salary range reflects figures based on the primary location which is listed first. The actual range for the role may differ based on the location of the addition to salary U.S. Bank offers a comprehensive benefits package including incentive and recognition programs equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $98175.00 - $115500.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition certain positions may also be subject to the requirements of FINRA NMLS registration Reg Z Reg G OFAC the NFA the FCPA the Bank Secrecy Act the SAFE Act and/or federal guidelines applicable to an agreement such as those related to ethics safety or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.

Required Experience:

Manager